Analysts

What the analysts say

Should you buy, sell, or hold on to PostNL shares? Here we present the recommendations of financial analysts. 

Broker

Analyst

Recommendation

Target

Date

ABN AMRO ODDO

Lotte Timmermans
Outperform
EUR 4.40
10 Nov 2021

Bank of America

Muneeba Kayani
UnderperformEUR 3.10
13 Jan 2022

Barclays Capital

Marco Limite

Equal weight

EUR 4.00

15 Dec 2021

Berenberg

William Fitzalan Howard

Hold

EUR 4.20

13 Dec 2021

De Groof Petercam

Frank Claassen

Buy

EUR 4.50

27 Jan 2022

ING

Marc Zwartsenburg

Buy

EUR 5.15

18 Nov 2021

Jefferies

David Kerstens

Buy

EUR 4.50

26 Jan 2022

KBC Securities NV

Thomas Couvreur

Buy

EUR 4.90

25 Jan 2022

KeplerCheuvreux

André Mulder

Reduce

EUR 3.65

27 Oct 2021

UBS

Ivar Billfalk-Kelly

Buy

EUR 4.95

19 May 2021

the IDEA!

Henk Slotboom

-

-

-

Adjusted on 27 January 2022/11:48

Disclaimer: PostNL is covered by analysts of the brokerage firms listed above. The list may not be complete and is subject to change. Any opinions, estimates or forecasts regarding PostNL's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of PostNL or our management. By publishing the information above, PostNL does not imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts. PostNL does not assess, comment on or correct analysts' reports, other than factually. PostNL does not pay any fees for carrying out research for analysts' reports or for the production or publication of analysts' reports, with the exception of credit rating agencies.

CONSENSUS PRE Q3 2021 (in € million)  
October 2021  
 3Q21 EFY21 E
 consensusconsensus
Revenue  
Parcels5132.409
Mail in the Netherlands3581.699
PostNL Other26147
Intercompany-147-730
Revenue total7523,545
   
Normalised EBIT  
Parcels39247
Mail in the Netherlands9128
PostNL Other-21-79
Total normalised EBIT24299
   
Free cashflow-7264
   
Volume growth Parcels6.0%18.4%
Volume decline addressed mail NL-5.0%-1.7%
based on estimates of 10 analysts; consensus calculated as the median of their estimates